Definition of equity

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Equity (n.) Equality of rights; natural justice or right; the giving, or desiring to give, to each man his due, according to reason, and the law of God to man; fairness in determination of conflicting claims; impartiality..

Lern More About Equity

Liable :: Liable (v. t.) Bound or obliged in law or equity; responsible; answerable; as, the surety is liable for the debt of his principal..
Policy :: Policy (n.) Management or administration based on temporal or material interest, rather than on principles of equity or honor; hence, worldly wisdom; dexterity of management; cunning; stratagem..
Answer :: Answer (n.) A counter-statement of facts in a course of pleadings; a confutation of what the other party has alleged; a responsive declaration by a witness in reply to a question. In Equity, it is the usual form of defense to the complainant's charges in his bill..
Legal :: Legal (a.) Governed by the rules of law as distinguished from the rules of equity; as, legal estate; legal assets..
Inequity :: Inequity (n.) Want of equity; injustice; wrong.
Re-demption :: Re-demption (n.) The liberation of an estate from a mortgage, or the taking back of property mortgaged, upon performance of the terms or conditions on which it was conveyed; also, the right of redeeming and reentering upon an estate mortgaged. See Equity of redemption, under Equity..
Equitable :: Equitable (a.) That can be sustained or made available or effective in a court of equity, or upon principles of equity jurisprudence; as, an equitable estate; equitable assets, assignment, mortgage, etc..
Equitable :: Equitable (a.) Possessing or exhibiting equity; according to natural right or natural justice; marked by a due consideration for what is fair, unbiased, or impartial; just; as an equitable decision; an equitable distribution of an estate; equitable men..
Controversy :: Controversy (n.) A suit in law or equity; a question of right.
Incompetent :: Incompetent (a.) Wanting the legal or constitutional qualifications; inadmissible; as, a person professedly wanting in religious belief is an incompetent witness in a court of law or equity; incompetent evidence..
Oratrix :: Oratrix (n.) A woman plaintiff, or complainant, in equity pleading..
Chancery :: Chancery (n.) In England, formerly, the highest court of judicature next to the Parliament, exercising jurisdiction at law, but chiefly in equity; but under the jurisdiction act of 1873 it became the chancery division of the High Court of Justice, and now exercises jurisdiction only in equity..
Equity :: Equity (n.) Equality of rights; natural justice or right; the giving, or desiring to give, to each man his due, according to reason, and the law of God to man; fairness in determination of conflicting claims; impartiality..
Validity :: Validity (n.) Legal strength, force, or authority; that quality of a thing which renders it supportable in law, or equity; as, the validity of a will; the validity of a contract, claim, or title..
Equity :: Equity (n.) A system of jurisprudence, supplemental to law, properly so called, and complemental of it..
Orator :: Orator (n.) In equity proceedings, one who prays for relief; a petitioner..
Justice :: Justice (a.) The quality of being just; conformity to the principles of righteousness and rectitude in all things; strict performance of moral obligations; practical conformity to human or divine law; integrity in the dealings of men with each other; rectitude; equity; uprightness.
Casuistry :: Casuistry (a.) The science or doctrine of dealing with cases of conscience, of resolving questions of right or wrong in conduct, or determining the lawfulness or unlawfulness of what a man may do by rules and principles drawn from the Scriptures, from the laws of society or the church, or from equity and natural reason; the application of general moral rules to particular cases..
Respondent :: Respondent (n.) One who answers in certain suits or proceedings, generally those which are not according to the course of the common law, as in equity and admiralty causes, in petitions for partition, and the like; -- distinquished from appellant..
Solicitor :: Solicitor (n.) An attorney or advocate; one who represents another in court; -- formerly, in English practice, the professional designation of a person admitted to practice in a court of chancery or equity. See the Note under Attorney..
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